High buyers @700,800,900,1000,1200, what will you do with your coins?

[ThatDGuy]

Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

Errr... no.  Anybody who has been in the Bitcoin space and paying attention for more than the last 6 months knows very well that last week is the same as any week before it: Bitcoin being Bitcoin.

[cbutters]

My wife bought 1 BTC at 700 with her own money, she keeps saying how bad an idea it was, and she is going to immediately sell it once the price comes back....
I tell her she is short-sighted.... especially since as a family we have a large portion invested in BTC. (I manage the finances in our lives).

[stash]

The real question is: Those who sold sub 400 last week - what are you doing with your Fiat?

Enjoying 7 star food and premium girls. she's just an average 18-year-old 

[piramida]

Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

Errr... no.  Anybody who has been in the Bitcoin space and paying attention for more than the last 6 months knows very well that last week is the same as any week before it: Bitcoin being Bitcoin.

Yep, I didn't see anything but understanding smiles on that small cameo to 340. I would be doubting my beliefs if we go to double digits again, so wake me up then or at five digits, before that it's business as usual.

[BitChick]

My wife bought 1 BTC at 700 with her own money, she keeps saying how bad an idea it was, and she is going to immediately sell it once the price comes back....
I tell her she is short-sighted.... especially since as a family we have a large portion invested in BTC. (I manage the finances in our lives).

Does she check the price regularly?  If not, you could just wait until the price hits $2000 or more and tell her to sell then.   Who knows, as the price starts rising she might change her mind.

[sorryforthat]

I got to the part alittle late, bought at a good price around 300 or so. I have made it through the first 1k high and will continue to hold strong.

[serenitys]

So, basically Bitcoin is about the equivalent of an emotionally unstable basket case of a woman with PMS who will only be satisfied with all the wrong men, who breaks up and gets back together every 3 weeks, and will settle down only when enough people have used her that she's just tired...

 


I am not (at this time) a big player. I only have 1 BTC that I got trying to see if 339 would hold or drop and by the time I signed in, it'd shot up to 390 something so I bought. My total cost was 404. I was hoping it'd drop down because I was prepared to "go big" if the cost was lower to get more BTC than just 1. I'll still feed in every payday though and let the smaller increments go up with BTC's price/value but I wish some sweet high roller out there who bought in at a dollar and is holding a gazillion would cut a new girl some slack and sell me 10 BTC for $100 each if I promise to pay it forward when it goes higher. 

[jubalix]

what makes you believe that the same thing will happen again with this high prices? A raise from $68 to $200 seems way more easy than an raise from $700 to $2000.

Percentage-wise, they're about the same. A year ago you could have said that a rise from $1 to $32 (as in spring 2011) seems way more easy than a rise from $13 to $266 (winter 2013) or a rise from $50 to $1100 (last autumn) but that's exactly what happened.

We're still all early adopters, even the Johnny-come-lately noobs who've only been on board since the price hit triple digits. Wait until adoption starts to go mainstream.

Its easier for BTC to go UP than down below saturation point...why?

the stronger it gets the stronger its gets. There is far more buying power on the table and so more attraction.

consider it to a long time to get to $1, now it does $1 change every minute / 10 seconds or less
same for $10 and $100.

Now BTC goes up and down $50 ~ $100 no worries in a day.

At 10K BTC will go up and down $500 easily in a day.

I only expect this to stop or become less as the 100K+ approaches simply because far less people / organizations will have money to pump it around at 100K, and all the weak hands will be well and truly flushed out.

At say 500K a coin, buying 100 will cost you $50 Million. Not so many people have a $50 Million ready to go or even transfer on to the market to do this. Normal capital controls in money Alpha (FIAT) does not allow it. To do a reasonable pump dump takes 1K coins, and that 1/2 a billion to throw around even less people have that.

Also its good to see the "tulipers" have finally shut up.

The next bunch of people to shut up will be the PONZI crowd, then that stupid graph you know the one, the econmoists, the central banks, the govs' and finally everyone will just use crypto's

Fiat will end up a curiosity within a generation or two. There will be youtube video's kids react to FIAT

"what is this, where the qr code?"
"do I hold it up to the screen?"
"are those numbers at the bottom private keys (serial number)"
"I can see it says in GOD we trust....is "GOD" a type of crypto...was there a GOD coin?"
"A bank? you mean I have to go into a building far away just to get MY money?"